SKY655 - FINANCIAL MANAGEMENT IN HEALTH INSTITUTIONS
| Course Name | Code | Semester | Theory (hours/week) |
Application (hours/week) |
Credit | ECTS |
|---|---|---|---|---|---|---|
| FINANCIAL MANAGEMENT IN HEALTH INSTITUTIONS | SKY655 | 1st Semester | 3 | 0 | 3 | 7 |
| Prequisites | No | |||||
| Course language | Turkish | |||||
| Course type | Elective | |||||
| Mode of Delivery | Face-to-Face | |||||
| Learning and teaching strategies | Lecture Discussion Question and Answer Team/Group Work Preparing and/or Presenting Reports Case Study | |||||
| Instructor (s) | Faculty Members | |||||
| Course objective | To make the students aware of description of financial objectives and financial function in the view of general and hospital enterprises, defining of financial organization in general and hospital enterprises, financial management in state hospitals, business budgets as a mean of financial budget, financial management policies general and hospital enterprises | |||||
| Learning outcomes |
| |||||
| Course Content | Tools of financial report, determining firm value and value management, financial planning methods, working capital management, cash management, accounts receivable management, stock management, capital budgeting and investment decision, risky investment projECTS evaluation, liabilities management, equities management, capital costs and pricing. | |||||
| References | 1. OECD and World Bank (2008) OECD Sağlık Sistemi İncelemeleri: Türkiye. OECD ve Dünya Bankası. 2. Tatar M, Mollahaliloğlu S, Şahin B, Aydın S, Maresso A, Hernández- Quevedo C. Turkey: Health system review. Health Systems in Transition, 2011, 13(6):1?186. 3. Akar, Çetin; Sağlık Kurumlarında Finansal Yönetim Ders Notları, Hacettepe Üniversitesi Sağlık İdaresi Yüksekokulu, Ankara, 2002 4. Akar Çetin - Özgülbaş, Nermin; Sağlık Kurumlarında Finansal Yönetim, Anadolu Üniversitesi Açık Öğretim Fakültesi Ders Kitabı, Eskişehir, 2002 5. Akgüç, Öztin, Finansal Yönetim, İstanbul Üniversitesi İşletme Fakültesi Yayını, İstanbul, 1998. 6. Cleverley, William O.-Cameron Andrevv E.;Essentials of Health Care Finance, Jones and Bartlett Publishers, Massachusetts, 2007. | |||||
Course outline weekly
| Weeks | Topics |
|---|---|
| Week 1 | Financial systems as to types of health institutions and tools of financial report |
| Week 2 | To determine firm value and manage in health institutions |
| Week 3 | Short turn financial planning methods in health institutions |
| Week 4 | Long turn financial planning methods in health institutions |
| Week 5 | Seminar: Working capital management in health institutions |
| Week 6 | Seminar: Cash management in health institutions |
| Week 7 | Mindterm Exam |
| Week 8 | Seminar: Accounts receivable management in health institutions |
| Week 9 | Seminar: Stock management in health institutions |
| Week 10 | Seminar: Capital budgeting and investment decision in health institutions |
| Week 11 | Seminar: Risky investment projECTS evaluation in health institutions |
| Week 12 | Seminar: Liabilities management in health institutions |
| Week 13 | Seminar: Equities management in health institutions |
| Week 14 | Seminar: Capital costs and pricing |
| Week 15 | Preparation for the Final Exam |
| Week 16 | Final Exam |
Assesment methods
| Course activities | Number | Percentage |
|---|---|---|
| Attendance | 0 | 0 |
| Laboratory | 0 | 0 |
| Application | 0 | 0 |
| Field activities | 0 | 0 |
| Specific practical training | 0 | 0 |
| Assignments | 1 | 10 |
| Presentation | 1 | 20 |
| Project | 0 | 0 |
| Seminar | 6 | 10 |
| Midterms | 1 | 20 |
| Final exam | 1 | 40 |
| Total | 100 | |
| Percentage of semester activities contributing grade succes | 0 | 50 |
| Percentage of final exam contributing grade succes | 0 | 50 |
| Total | 100 | |
WORKLOAD AND ECTS CALCULATION
| Activities | Number | Duration (hour) | Total Work Load |
|---|---|---|---|
| Course Duration (x14) | 14 | 3 | 42 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Specific practical training | 0 | 0 | 0 |
| Field activities | 0 | 0 | 0 |
| Study Hours Out of Class (Preliminary work, reinforcement, ect) | 14 | 5 | 70 |
| Presentation / Seminar Preparation | 0 | 0 | 0 |
| Project | 1 | 48 | 48 |
| Homework assignment | 0 | 0 | 0 |
| Midterms (Study duration) | 1 | 20 | 20 |
| Final Exam (Study duration) | 1 | 30 | 30 |
| Total Workload | 31 | 106 | 210 |
Matrix Of The Course Learning Outcomes Versus Program Outcomes
| D.9. Key Learning Outcomes | Contrubition level* | ||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |
| 1. To have knowledge about theoretical and practical information related to the field of health management and to be able to implement this knowledge | X | ||||
| 2. To gain knowledge and skills on understanding, analyzing and directing administrative, financial, technical and medical process of health organizations | X | ||||
| 3. To understand basic elements of health system in national and international level, to comprehend health planning and health policy, to analyze health sector economic and financially | X | ||||
| 4. To have knowledge and skills to make advanced quantitative and qualitative analyses in health management and to be able to implement this knowledge | X | ||||
| 5. Critical and innovative thinking in problems faced during health management process, having the ability to use scientific methods and technics in decision making and problem solving | X | ||||
| 6. Following the changes in the field of health care management and have the ability to provide specific solutions related health care system of the country | X | ||||
| 7. Acting in accordance with the ethical principles of scientific research, publication and management | X | ||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest